Affordable investment opportunity in the heart of downtown Nevada! This 4-plex offers great potential for updates and rental growth. The property includes two true 1-bedroom, 1-bathroom units, and two spacious efficiency units with combined bedroom/living areas, kitchens, and full bathrooms. Additional storage space is available in the basement. Don't miss out on this prime location! All information obtained from seller and public records.
Sold for $166,000
$166,000
916 5th St, Nevada, IA 50201
2beds
2,532sqft
Multi Family
Built in 1885
-- sqft lot
$183,000 Zestimate®
$66/sqft
$1,229 Estimated rent
Home value
$183,000
$167,000 - $201,000
$1,229/mo
Zestimate® history
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$1,116/mo
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Zillow last checked:
Listing updated:
Listed by:
David Rodriguez 515-619-8150,
RE/MAX Precision
Bought with:
Hunter Egdorf
Weichert, Realtors - 515 Agency
Source: DMMLS,MLS#: 697418
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric, Forced Air, Gas
Cooling
- Window Unit(s)
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,532
- Total interior livable area: 2,532 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,039 Square Feet
Details
- Parcel number: 1107200360
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Nevada
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $162,900
- Annual tax amount: $2,056
- Date on market: 6/17/2024
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2024 | Sold | $166,000-5.1%$66/sqft |
Source:  DMMLS #697418 Report a problem | ||
| 6/26/2024 | Pending sale | $174,900$69/sqft |
Source: DMMLS #697418 Report a problem | ||
| 6/17/2024 | Price change | $174,900-2.8%$69/sqft |
Source: DMMLS #697418 Report a problem | ||
| 6/11/2024 | Listed for sale | $179,900+56.4%$71/sqft |
Source: DMMLS #697084 Report a problem | ||
| 2/3/2020 | Sold | $115,000-4.1%$45/sqft |
Source:  CIBR #53581 Report a problem | ||
| 12/6/2019 | Price change | $119,900-11.2%$47/sqft |
Source: RE/MAX REAL ESTATE CENTER #53581 Report a problem | ||
| 8/16/2019 | Listed for sale | $135,000+141.1%$53/sqft |
Source: Owner Report a problem | ||
| 2/29/2012 | Sold | $56,000-18.8%$22/sqft |
Source: CIBR #34419 Report a problem | ||
| 11/13/2011 | Price change | $69,000-12.7%$27/sqft |
Source: CENTURY 21 Signature Real Estate #34419 Report a problem | ||
| 9/24/2011 | Price change | $79,000-6.9%$31/sqft |
Source: CENTURY 21 Signature Real Estate #34419 Report a problem | ||
| 5/25/2011 | Listed for sale | $84,900$34/sqft |
Source: CENTURY 21 SIGNATURE-Ames #33208 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,090 +2.5% | $162,900 +29.3% |
| 2024 | $2,040 -0.8% | $126,000 |
| 2023 | $2,056 -14.3% | $126,000 +20.6% |
| 2022 | $2,398 +16.2% | $104,500 |
| 2021 | $2,064 -4.8% | $104,500 +25.1% |
| 2020 | $2,168 +18.5% | $83,500 |
| 2019 | $1,829 -1.2% | $83,500 +32.5% |
| 2018 | $1,852 +0% | $63,000 |
| 2017 | $1,852 -4.2% | $63,000 +8.1% |
| 2016 | $1,934 | $58,300 |
| 2015 | $1,934 -10.5% | $58,300 |
| 2014 | $2,160 | $58,300 |
| 2013 | -- | $58,300 |
| 2012 | -- | $58,300 -24.6% |
| 2010 | $3,040 +4% | $77,300 |
| 2009 | $2,924 +0.9% | $77,300 +3.2% |
| 2008 | $2,898 +0.7% | $74,900 |
| 2007 | $2,878 +0.3% | -- |
| 2006 | $2,868 -0.1% | -- |
| 2005 | $2,872 +4.7% | -- |
| 2004 | $2,742 -3% | $77,550 |
| 2003 | $2,828 +2.7% | -- |
| 2002 | $2,753 +56.7% | $77,629 +56.5% |
| 2001 | $1,758 | $49,600 |
Find assessor info on the county website
Neighborhood: 50201
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Nearby schools
GreatSchools rating
- 10/10Central Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 7/10Nevada Middle SchoolGrades: 5-8Distance: 0.8 mi
- 4/10Nevada High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Nevada
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Story County
- Nevada
- 50201
- 916 5th St
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